Time for CEOs to speak out against Trump's immigration order: Gillian Tett
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Source: cnbc.com
Some CEOs 'scared out of their minds about being attacked' by Trump, so they wont complain about immigration ban
Elizabeth Gurdus | @elizabethgurdus
24 Mins AgoCNBC.com
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Time for CEOs to speak out against Trump's immigration order: Gillian Tett
1 Hour Ago | 03:54
A few chief executives joined protests against President Donald Trump's temporary ban on immigration from seven Muslim countries, but a larger group of CEOs remained publicly silent over fears of being targeted by the president, CNBC's Andrew Ross Sorkin said Monday.
The Financial Times' Gillian Tett said on CNBC's "Squawk Box" that she had spoken with CEOs who were privately upset by the executive order but worried about speaking out. "Squawk Box" co-host Sorkin said he had heard the same from his C-level sources.
"I had similar conversations with executives over the weekend, all of whom ... seemed to be upset about at least the implementation of this program," Sorkin said. "They are scared out of their minds about being attacked ... and what that's going to do for their business."
Tett said the CEOs she contacted were especially worried about the risk of speaking out in the context of Trump's potential backlash and that of his supporters.............
"The danger is twofold: firstly, the fact that you've got a president who will tweet out statements that can be very damaging to the share price," Tett told "Squawk Box."..............
Read more: http://www.cnbc.com/2017/01/30/many-ceos-scared-out-of-their-minds-about-being-attacked-by-trump.html
Here we are--the bully pulpit being used to mock and intimidate ceo's and others. damn
tanyev
(49,291 posts)A tweet from FAITWH* might cause a temporary dip, but it would probably rebound very quickly. Especially if it's a retail company.
*F**king A**hole in the White House
Trust Buster
(7,299 posts)benefit. Now this author expects righteousness out of them with respect to a nutjob that could damage their businesses ? I think they will act like sheep for the next four years.
Dustlawyer
(10,539 posts)DonViejo
(60,536 posts)A consensus of Forum Hosts agrees this is opinion and analysis, not permitted in the LBN Forum by that Forum's SOP
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